Key Lot

Concept of Key Lot in the context of Real Property

Alternatives definitions of Key Lot: (1) A strategically located lot, adding to its value. (2) A lot adjoining a corner lot at its rear property line with frontage on the secondary street. Also called a Butt Lot.

Concept of Key Lot in the context of Real Property

Alternatives definitions of Key Lot: (1) A strategically located lot, adding to its value. (2) A lot adjoining a corner lot at its rear property line with frontage on the secondary street. Also called a Butt Lot.